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Friday, September 12, 2008
Added One Unit
I just added a second unit to my long position at 1243.00 on the breakout above the first 30 minutes trading range. My average on 2 units is 1240.50. I think the market has a good shot at 1260-65 today.
5 comments:
Anonymous
said...
I am also looking for VERY strong day today so long as the morning lows hold. I am almost embarrassed to day that I am looking for 1272 as an afternoon high. My gut says we won't see it but that what my projection shows ---again ---- as long as morning low holds!
Carl, I saw your comment about putting on a position after the market broke through the range of the first 30 minutes. Do you play that strategy often?
I too have a strategy based on first 30 mins for NIFTY (www.nse-india.com). used it for about an year along with 30min reversal bars but had to abandone in view of moderate success. Can i discuss further on it? vin
5 comments:
I am also looking for VERY strong day today so long as the morning lows hold. I am almost embarrassed to day that I am looking for 1272 as an afternoon high. My gut says we won't see it but that what my projection shows ---again ---- as long as morning low holds!
10:57am est,
ES unable to break the First Hour High, bad Omen
Internals, very Negative...
Out Flat
Hoping for a move back towards 1240 ahead of European cash close. Should offer a good low risk opportunity to get long.
Carl, I saw your comment about putting on a position after the market broke through the range of the first 30 minutes. Do you play that strategy often?
How well does it work.
Thanks,
- J.R.
I too have a strategy based on first 30 mins for NIFTY (www.nse-india.com). used it for about an year along with 30min reversal bars but had to abandone in view of moderate success.
Can i discuss further on it?
vin
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